Former U.S. Full Tilt players still waiting for reimbursement in the remission process can expect another wave of payments totaling $2 million by the end of September.
Claims administrator Garden City Group (GCG) revealed in a recent update on the official website that the latest batch of cash recipients numbers about 600 players “who confirmed their FTP account balances” and previously submitted complete petitions. As with previous payouts, those who are included in this wave will likely see zero-dollar transactions on their bank statements prior to the release of actual funds, as the GCG conducts a test to make sure that bank accounts are valid.
The GCG further advises that players with delinquent debts will see a reduction in their reimbursement in order to settle matters via the Treasury Offset Program. Those petitioners will receive a form to fill out in order to facilitate the process and eventually receive payment.
The deadline for filing a Petition for Remission was Sept. 3. The www.FullTiltPokerClaims.com website has since closed the section of the site where players previously submitted claims.
A total of roughly $95 million has been dispensed by GCG in previous payment waves that began in late February. The last such round of reimbursement totaled $14 million and found its way to player bank accounts in June.
Still waiting for payment are players who filed petitions that disputed the account balances on record with the DoJ and GCG, as well as those players labeled as Full Tilt Pros. The official website advises that more updates will be forthcoming, which will likely pertain to those petitioners.